Skim through the screen shot that contains yellow exclamation mark. If one of them apply to you, hopefully this blog helps. The following is the sequence of error I was getting, and how i fixed it. Make sure you only follow the part mark as Solution.
Problem: The project at <folder> is an Android ADT project. To Import this project into Android Studio, you first need to *export* it as Gradle project from ADT.
Solution: Fire up your ADT(Eclipse), import the project into ADT, and Export it to a Gradle export.
To import the file into eclipse and ex, click the following: Continue Reading →